Can I retire at age 45 with 931,000?

Use the below retirement simulation to view the chances of a successful retirement.
About Your Retirement ?
Current Age
Retirement Age
Current Savings $
Annual Deposits $
Annual Withdrawals $
Stock market crash:
Portfolio ?
% in Stocks:
% in Bonds:
% in Cash:
Modify Stock Returns:
0%
Modify Bond Returns:
0%
Modify Cash Returns:
0%
Modify Inflation:
0%
How much money do I need to retire?

This retirement calculator runs simulations based on past data from the S&P 500, 10 Year Treasury Bond, 3 month T-Bill, and US inflation. For each year of each simulation, a random return and inflation amount is chosen.

How to use: Enter your current age and the age when you retire. Then enter your current savings, the amount that you can save annually before you retire, and the amount that you plan to withdraw after retirement. Your annual deposits and withdrawals take inflation into account. For example, if you need $50,000 to live on in retirement using today's dollars, we will automatically take into account the cost of living for your retirement years. The same is true for your annual deposits. Next, decide if you'd like to simulate a stock market crash.

In the portfolio section, choose the makeup of your portfolio with stocks, bonds, and cash. Cash assumes that your money is stored in a savings account. You can then alter the future returns and inflation. For example, if the market has historically returned about 10%, but you think the future will be worse, modify the stock returns by -3%, and the future returns will average out to 7%. Investment fees can also lower stock market returns. Many index funds and ETFs offer extremely low fees and expenses.

Many people receive income in retirement, such as social security, pension plans, part time jobs, annuities, and other benefits. This would allow you to take out smaller distributions every year. Please note that taxes must also be considered, but are not used in this simulation. A 401k, Roth IRA, and Traditional IRA are taxed differently than a standard investment account, as are dividends.

Note: This assumes that the future is at least somewhat like the past. In reality, anything could happen. The Soviet Union collapsed, Japan's Nikkei Index is still well below its 1989 peak. Numerous other markets have changed drastically and never recovered. However, this online tool is helpful in retirement planning and estimating how much you might need for retirement, especially those hoping to retire early. We recommend receiving advice from a financial planner.

Want to retire with $931,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13.9%
1 years$76,881$76,196$75,528$74,876$74,239$73,039
2 years$38,060$37,351$36,664$35,998$35,352$34,147
3 years$25,121$24,409$23,724$23,064$22,429$21,255
4 years$18,653$17,943$17,265$16,617$15,996$14,864
5 years$14,773$14,068$13,398$12,763$12,160$11,072
6 years$12,188$11,487$10,828$10,207$9,622$8,579
7 years$10,341$9,647$8,998$8,392$7,825$6,828
8 years$8,957$8,269$7,631$7,039$6,492$5,540
9 years$7,882$7,200$6,573$5,996$5,467$4,560
10 years$7,021$6,346$5,730$5,169$4,658$3,796
11 years$6,318$5,650$5,045$4,498$4,006$3,187
12 years$5,732$5,071$4,477$3,946$3,472$2,695
13 years$5,237$4,583$4,000$3,483$3,027$2,292
14 years$4,813$4,166$3,594$3,092$2,654$1,958
15 years$4,446$3,805$3,245$2,758$2,337$1,680
16 years$4,125$3,491$2,942$2,469$2,065$1,445
17 years$3,842$3,215$2,677$2,219$1,831$1,247
18 years$3,591$2,971$2,444$1,999$1,628$1,079
19 years$3,366$2,754$2,237$1,807$1,451$935
20 years$3,164$2,559$2,053$1,636$1,296$812
21 years$2,982$2,383$1,889$1,485$1,160$706
22 years$2,816$2,225$1,741$1,350$1,040$615
23 years$2,665$2,081$1,607$1,230$933$536
24 years$2,527$1,950$1,486$1,121$839$467
25 years$2,400$1,830$1,377$1,024$755$408
26 years$2,283$1,720$1,277$936$680$356
27 years$2,175$1,618$1,186$857$613$312
28 years$2,075$1,525$1,102$785$553$273
29 years$1,982$1,439$1,026$720$499$238
30 years$1,895$1,359$955$661$451$209
31 years$1,814$1,284$891$607$408$183
32 years$1,738$1,215$831$558$369$160
33 years$1,667$1,151$776$513$334$140
34 years$1,601$1,091$725$472$302$123
35 years$1,538$1,035$678$435$274$108
36 years$1,479$982$634$400$248$95
37 years$1,423$933$593$369$225$83
38 years$1,370$886$556$340$204$73
39 years$1,320$843$521$313$185$64
40 years$1,273$802$488$289$168$56
41 years$1,228$763$458$267$152$49
42 years$1,185$727$429$246$138$43
43 years$1,145$693$403$227$125$38
44 years$1,106$660$378$210$114$33
45 years$1,069$630$355$194$103$29
46 years$1,034$601$333$179$94$26
47 years$1,001$573$313$165$85$22
48 years$969$547$294$153$77$20
49 years$938$522$277$141$70$17
50 years$909$499$260$130$64$15

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $931,000, adding $4,452 every year, while hoping to spend $20,015 every year in retirement. These numbers increase with inflation.
Reality usually performs much different than the expected returns. This uses historical averages, but anything can happen. In general, riskier investments have greater returns on average, but more volatility in the short term.
Age Total: 100% Stocks Total: 100% Bonds Total: 100% Cash Total: 60/19/21 Blend
44$931,000$931,000$931,000$931,000
45$1,030,554$981,211$966,781$1,086,437
46$1,114,375$1,007,995$977,872$1,151,612
47$1,206,075$1,035,420$988,664$1,220,104
48$1,306,436$1,063,497$999,126$1,294,383
49$1,416,320$1,092,236$1,009,224$1,375,014
50$1,536,676$1,121,647$1,018,925$1,462,617
51$1,668,549$1,151,740$1,028,191$1,557,879
52$1,813,089$1,182,524$1,036,984$1,661,554
53$1,971,565$1,214,008$1,045,263$1,774,473
54$2,145,372$1,246,202$1,052,987$1,897,552
55$2,336,048$1,279,113$1,060,110$2,031,799
56$2,545,285$1,312,750$1,066,584$2,178,325
57$2,774,950$1,347,121$1,072,360$2,338,354
58$3,027,097$1,382,232$1,077,387$2,513,236
59$3,303,990$1,418,091$1,081,608$2,704,456
60$3,608,123$1,454,702$1,084,968$2,913,653
61$3,942,241$1,492,072$1,087,404$3,142,629
62$4,309,371$1,530,205$1,088,853$3,393,373
63$4,712,846$1,569,105$1,089,249$3,668,075
64$5,156,340$1,608,774$1,088,522$3,969,150
65$5,643,897$1,649,215$1,086,598$4,299,257
66$6,179,976$1,690,428$1,083,401$4,661,326
67$6,769,488$1,732,413$1,078,849$5,058,588
68$7,417,843$1,775,169$1,072,858$5,494,602
69$8,131,004$1,818,692$1,065,339$5,973,289
70$8,915,537$1,862,980$1,056,199$6,498,972
71$9,778,681$1,908,025$1,045,341$7,076,414
72$10,728,409$1,953,821$1,032,663$7,710,863
73$11,773,507$2,000,358$1,018,057$8,408,104
74$12,923,656$2,047,626$1,001,413$9,174,510
75$14,189,520$2,095,612$982,612$10,017,108
76$15,582,854$2,144,300$961,532$10,943,637
77$17,116,607$2,193,672$938,045$11,962,629
78$18,805,049$2,243,710$912,017$13,083,487
79$20,663,901$2,294,389$883,307$14,316,570
80$22,710,490$2,345,685$851,769$15,673,298
81$24,963,905$2,397,569$817,249$17,166,255
82$27,445,183$2,450,009$779,586$18,809,307
83$30,177,502$2,502,970$738,612$20,617,738
84$33,186,404$2,556,412$694,153$22,608,391
85$36,500,034$2,610,293$646,024$24,799,825
86$40,149,406$2,664,566$594,034$27,212,498
87$44,168,695$2,719,179$537,984$29,868,951
88$48,595,558$2,774,076$477,663$32,794,029
89$53,471,494$2,829,194$412,853$36,015,109
90$58,842,230$2,884,468$343,327$39,562,364
91$64,758,155$2,939,825$268,846$43,469,045
92$71,274,796$2,995,185$189,162$47,771,798
93$78,453,341$3,050,465$104,014$52,511,006
94$86,361,215$3,105,571$13,132$57,731,175
95$95,072,720$3,160,405$0$63,481,351
96$104,669,732$3,214,860$0$69,834,375
97$115,242,477$3,268,821$0$76,835,388
98$126,890,380$3,322,163$0$84,547,158
99$139,723,003$3,374,753$0$93,042,100
100$153,861,083$3,426,449$0$102,400,018